Description
Amending Title 19 of The Philadelphia Code, entitled "Finance, Taxes, and Collections," by authorizing City depositories to hold City funds without posting equivalent collateral, to the extent such City funds do not exceed the insurance provided by the Federal Deposit Insurance Corporation or Federal Savings and Loan Insurance Corporation.
Read the full Bill: CertifiedCopy11037100.pdf
Actions
- (minutes) May 12, 2011: Introduced and Referred to the Committee on Finance by CITY COUNCIL
- June 6, 2011: REPORTED FAVORABLY, RULE SUSPENSION REQUESTED by Committee on Finance
- HEARING HELD by Committee on Finance
- HEARING NOTICES SENT by Committee on Finance
- (minutes) June 9, 2011: ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR by CITY COUNCIL
- ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR by CITY COUNCIL
- SUSPEND THE RULES OF THE COUNCIL by CITY COUNCIL
- (minutes) June 16, 2011: READ AND PASSED by CITY COUNCIL
- July 5, 2011: SIGNED by MAYOR
Legislation that mentions this bill
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Introduced:
May 12, 2011
Last action: July 5, 2011
Status: ENACTED
Last action: July 5, 2011
Status: ENACTED
Councilmember Tasco